The glass fiber market is expected to reach $10.3 billion by 2025

   August 25, 2020
According to a new market report published by Lucintel, the future of the global glass fiber market is promising with opportunities in the transportation, construction, pipe and tank, electrical and electronics, consumer goods, and wind energy industry. The global glass fiber market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $10.3 billion by 2025 with a CAGR of 2% to 4% from 2020 to 2025. The major driver for this market is rise in demand for products made of glass composites; these include bathtubs, pipes, tanks, printed circuit boards, wind blades, and automotive parts.

Browse 101 market data tables and 148 figures spread through 240 pages and in-depth TOC on “Global Glass Fiber Market"

To download report brochure, please go to and click "report brochure" tab from the menu.

In this market, different types of glass fiber such as E/ECR glass fiber, S glass fiber, C glass fiber and others are used as fiber type. On the basis of its comprehensive research, Lucintel forecasts that E (ECR) glass will remain the largest fiber type by value and volume over the forecast period.

Within the global glass fiber market, transportation will remain the largest market by value and volume over the forecast period due to government regulations, such as CAFE Standards in the US and carbon emission targets in Europe, are putting pressure on OEMs to incorporate lightweight materials to curb the overall vehicle weight.

Asia Pacific is expected to remain the largest region by value and volume and is also expected to experience the highest growth over the forecast period because of growth in construction, transportation, and the electrical and electronics segments. Growing economy, growth in population, and urbanization are the major forces that drive the construction segment, especially in China and India.

Emerging trends, which have a direct impact on the dynamics of the glass fiber industry, include cost optimization and performance enhancement of glass fibers. Owens Corning, Jushi, Nippon Electric Glass Co. Ltd., Taishan Fiberglass Inc., Chongqing Polycomp International Corporation (CPIC), Johns Manville, Nittobo, Goa Glass Fiber Ltd, Taiwan Glass Group, and Sichuan Weibo New Material Group Co., Ltd. And others are among the major glass fiber manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the global glass fiber market by application type, fiber type, product type, manufacturing process, region, and country and has come up with a comprehensive research report entitled  “Growth Opportunities in the Global Glass Fiber Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global glass fiber market by application type, fiber type, product type, manufacturing process, region, and country as follows:

By Application Type (million pounds and $ million shipment analysis from 2014 to 2025):

  • Transportation

  • Marine

  • Wind energy

  • Aerospace

  • Pipe and Tank

  • Construction

  • Electrical and Electronics

  • Consumer Goods

  • Others

By Fiber Type (million pounds and $ million shipment analysis from 2014 to 2025):

  • E/ECR Glass fiber

  • S Glass fiber

  • C Glass Fiber 

  • Others

By Product Type (million pounds and $ million shipment analysis in 2019):

  • Single end roving

  • Multi end roving

  • Woven roving

  • Fabrics

  • CSM

  • CFM

  • DUCS

  • CS

  • Others

By Manufacturing Process (million pounds and $ million shipment analysis from 2014 to 2025):

  • Hand lay up

  • Spray up

  • Resin infusion

  • Pultrusion 

  • Injection molding

  • Compression molding

  • Prepreg lay up

  • Others

By Region (million pounds and $ million shipment analysis from 2014 to 2025):

  • North America

  • Europe

  • Asia Pacific

  • The Rest of the World 

By Country (Value ($M) and Volume (M lbs) shipment analysis for 2014- 2025):

  • USA

  • Canada

  • Mexico

  • Germany

  • France

  • Italy

  • Spain

  • UK

  • China

  • India

  • Japan

  • Taiwan

  • Brazil

This 240-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti